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Insurance

  • January 9, 2019

    Norwegian Cruise Gets Award OK'd In Ex-Worker Dispute

    A Florida federal judge on Wednesday affirmed an arbitration award rejecting a worker’s claims that Norwegian Cruise Lines should pay for back surgery she said was necessary after she fell at work, concluding that a federal magistrate judge’s report recommending confirmation was spot-on.

  • January 9, 2019

    MetLife Can't Escape Suit Over Postal Worker's Death

    A New Jersey federal judge declined to toss a suit seeking accidental-death benefits from Metropolitan Life Insurance Co. by the children of a U.S. Postal Service worker who froze to death, ruling Tuesday that the insurer based its dismissal bid on information it had refused to provide the children.

  • January 9, 2019

    Expert Didn't Back Insurer's Suit Over Fire, NJ Court Says

    Philadelphia Contributionship Insurance Co. lost its bid to recoup an unnamed amount it paid out for a house fire claim when a New Jersey appeals court ruled Wednesday that the insurer's expert witness didn't support his testimony that the oil-fired furnace that started the blaze had been unsafe.

  • January 9, 2019

    Shutdown May Slow CVS-Aetna Deal Review, DOJ Says

    The U.S. Department of Justice told a D.C. federal judge Tuesday that the ongoing government shutdown is hampering its ability to address public comments related to CVS Health Corp.’s proposed $69 billion acquisition of Aetna Inc., saying it will not be able to complete this task until Congress provides funding.

  • January 9, 2019

    Pa. Fines Aetna Over Autism, Substance Abuse Coverage

    Health care giant Aetna Inc. faces a $190,000 fine after the Pennsylvania Insurance Department said Tuesday that it found violations in the company’s coverage for services relating to autism spectrum disorder and substance use disorder that might leave consumers wondering if they are covered.

  • January 9, 2019

    Ex-Insys CEO Pleads Guilty, May Testify In Bribery Trial

    In an eleventh-hour move, former Insys Therapeutics Inc. CEO Michael Babich admitted to taking part in a scheme to bribe doctors into prescribing the company’s pricey fentanyl spray in Massachusetts federal court Wednesday and will cooperate as the criminal trial of his former co-workers kicks off later this month.

  • January 9, 2019

    AIG Unit Faces $6M Suit Over Pa. Ship Facility Collapse

    An American International Group Inc. affiliate is facing a nearly $6 million lawsuit in Pennsylvania state court after it denied coverage to a policyholder seeking to recoup losses after a collapse delayed work at a facility being renovated to rehabilitate ships and assemble naval propulsion equipment.

  • January 9, 2019

    Biometric Suit Not Covered In Grocer's Policy, Insurer Says

    Ohio-based Westfield Insurance Co. on Tuesday asked an Illinois state judge to declare that it has no duty to defend a state grocery chain in an underlying biometric privacy suit, saying the store's employee is alleging an injury not covered in its policy.

  • January 8, 2019

    National Events To Consolidate Estates, Resolve D&O Dispute

    The debtor entities of defunct ticket brokerage National Events Holdings LLC will be substantively consolidated in bankruptcy to further liquidation proceedings and return money to creditors, a Chapter 7 trustee attorney said Tuesday, noting an agreement reached to settle with the company’s directors and officers insurer.

  • January 8, 2019

    Sporting Goods Co. Tries To Undo Asbestos Coverage Ruling

    Sporting goods maker Outdoor Sports Gear Inc. on Monday urged the Ninth Circuit to reverse a district court ruling that saddled it with costs for homeowners’ asbestos-related claims, arguing that the lower court should not have departed from a previous order in a coverage fight with the company’s buyer.

  • January 8, 2019

    NYC Launches Plan For Universal Health Care Access

    New York City is launching a two-pronged plan to arrange affordable health care services for its 600,000 uninsured residents, including immigrants without authorization, Mayor Bill de Blasio announced Tuesday.

  • January 8, 2019

    Gov't Can't Claim $1B Loss At Platinum Criminal Trial

    Prosecutors will not be allowed to introduce evidence of an alleged $1 billion in investor losses at next month's criminal trial for four former Platinum Partners executives accused of defrauding the hedge fund's investors, a New York federal judge ruled Tuesday.

  • January 8, 2019

    21 AGs Join Pa., NJ In Fighting Trump's Birth Control Rules

    Attorneys general for 20 states and the District of Columbia have thrown their support behind Pennsylvania and New Jersey in urging a federal court to block proposed Trump administration rules allowing employers to opt out of covering contraception if they oppose its use on moral or religious grounds.

  • January 8, 2019

    Murphy Oil Denied Defense Of Valero's $25M Refinery Fire Suit

    Murphy Oil Corp. cannot force a Liberty Mutual unit to fund its defense of a $25 million lawsuit blaming the oil company for a huge fire at a refinery it sold to Valero Energy Corp., an Arkansas federal judge ruled on Tuesday, because Valero’s complaint seeks only uncovered breach-of-contract damages.

  • January 8, 2019

    $2M Too Low, Too Late In Nursing Home Death, 1st Circ. Told

    The estate of a woman who died in nursing home care tried to convince the First Circuit Tuesday that a federal judge had it right the first time when she ruled an insurance claims adjuster dragged its feet before offering a $2 million settlement — well below what the family asked for — before reversing herself.

  • January 8, 2019

    Erie Insurance Wants Out Of Covering Trademark Fight

    Erie Insurance Exchange is urging a Pennsylvania state judge to free it from providing coverage to a financial planning company facing claims in federal court that it willfully infringed a rival’s marketing slogan trademarks.

  • January 8, 2019

    Natural Catastrophes Caused Insured Losses Of $80B In 2018

    Insured losses due to natural catastrophes such as floods and wildfires in 2018 remained high at $80 billion worldwide but below the record $140 billion of the year before, according to a report issued Tuesday by Munich Re.

  • January 7, 2019

    Law Firm Looks To Defeat Insurer's Suit Alleging Bad Advice

    Goodman McGuffey LLP urged a Colorado federal judge Monday to dismiss Clarendon National Insurance Co.’s suit accusing the law firm of giving bad advice about policies issued to construction companies, arguing the insurer’s allegations are vague and don’t support legal malpractice claims.

  • January 7, 2019

    Builder Accuses Travelers Of Bad Faith In Katrina Work Suit

    A Travelers unit acted in bad faith when it sought millions of dollars from a Louisiana construction company after the insurer took over a $47.3 million restoration of a commercial shipping pier damaged during Hurricane Katrina, the builder said Friday.

  • January 7, 2019

    Feds Target Cigar Importers, Allege Tax-Evasion Scheme

    The U.S. government hit tobacco distributor Good Times USA LLC and its business partners with a lawsuit in the U.S. Court of International Trade on Friday, accusing the companies of conspiring to avoid more than $750,000 in taxes on cigars imported from the Dominican Republic.

Expert Analysis

  • The Impact Of Texas ACA Ruling And What To Expect Next

    Susan Feigin Harris

    Despite a Texas federal judge's opinion last week deeming the Affordable Care Act unconstitutional, all provisions of the statute remain in place. Moreover, an appeal is a virtual certainty and many believe the decision’s reasoning will fail, say attorneys with Morgan Lewis & Bockius LLP.

  • When Is Antitrust Merger Review Over?

    Peter Jonathan Halasz

    A D.C. federal judge's recent statements about the proposed CVS-Aetna merger settlement heighten concerns regarding the finality of the Hart-Scott-Rodino Act merger review process, say Peter Jonathan Halasz and Gregory Kinzelman of Schulte Roth & Zabel LLP.

  • Ripe For High Court: Article III Standing In Data Breach Cases

    Ken Kronstadt

    Following Spokeo v. Robins, divergent court decisions have created uncertainty over insurance coverage for data breaches when customers' information is exposed but not misused. The matter of Zappos could provide the U.S. Supreme Court with an opportunity to resolve the split of authority, says Ken Kronstadt of Kelley Drye & Warren LLP.

  • Series

    Judging A Book: Mills Reviews 'Mississippi's Federal Courts'

    Judge Michael Mills

    ​​David M. Hargrove's​ new book​,​ "Mississippi’s Federal Courts: A History," is a remarkably candid portrait of the characters and courts serving the state's federal judiciary from 1798 on, and contributes new scholarship on how judges were nominated during the civil rights era, says U.S. District Judge Michael Mills of the Northern District of Mississippi.

  • Guest Feature

    The Subtle Art Of Fred Fielding

    Fred Fielding

    One of the rare attorneys to serve as White House counsel to two presidents, Fred Fielding of Morgan Lewis & Bockius LLP may be the quintessential Washington insider. Attorney Randy Maniloff asks him to elaborate.

  • A Look At New IRS Guidance For Discounting Unpaid Losses

    Kristan Rizzolo

    The IRS recently proposed regulations for discounting unpaid losses under Internal Revenue Code Section 846. This necessary guidance, affecting both long- and short-tail insurers, removes obsolete regulations following the Tax Cuts and Jobs Act, say Kristan Rizzolo and Graham Greene of Eversheds Sutherland LLP.

  • 10 Tips For Law Firms To Drive Revenue Via Sports Tickets

    Matthew Prinn

    Many law firms have tickets or luxury suites at sporting events to host clients and prospects. Matthew Prinn of RFP Advisory Group and Matt Ansis of TicketManager discuss some of the ways that firms can use those tickets effectively.

  • Inside Key ABA Guidance On Attorneys' Cybersecurity Duties

    Joshua Bevitz

    A recent opinion from the American Bar Association provides useful guidance on attorneys’ obligations to guard against cyberattacks, protect electronic client information and respond if an attack occurs, says Joshua Bevitz of Newmeyer & Dillion LLP.

  • Modernizing The Variable Contract Disclosure Regime

    Steve.Roth_print (1).jpg

    A new proposal by the U.S. Securities and Exchange Commission represents a major step forward in updating the disclosure and delivery requirements imposed on the variable insurance products industry. Embracing the new regime, however, will take some work and is not without certain challenges, say attorneys with Eversheds Sutherland.

  • Opening Comments: A Key Strategic Decision In Mediation

    Jann Johnson

    Opening comments by parties in mediation that are made with the proper content and tone can diffuse pent-up emotion and pave the way for a successful resolution. But an opening presentation can do more harm than good if delivered the wrong way, say Jann Johnson and William Haddad of ADR Systems LLC.